AMG National Trust Bank Sells 16,241 Shares of Hyatt Hotels Co. (NYSE:H)

AMG National Trust Bank cut its stake in shares of Hyatt Hotels Co. (NYSE:H - Free Report) by 31.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 34,642 shares of the company's stock after selling 16,241 shares during the quarter. AMG National Trust Bank's holdings in Hyatt Hotels were worth $5,479,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Asset Management One Co. Ltd. raised its position in Hyatt Hotels by 0.4% during the 3rd quarter. Asset Management One Co. Ltd. now owns 15,539 shares of the company's stock valued at $2,365,000 after purchasing an additional 66 shares during the last quarter. Bridges Investment Management Inc. raised its position in Hyatt Hotels by 2.3% during the 4th quarter. Bridges Investment Management Inc. now owns 4,341 shares of the company's stock valued at $681,000 after purchasing an additional 99 shares during the last quarter. UMB Bank n.a. raised its position in Hyatt Hotels by 99.0% during the 4th quarter. UMB Bank n.a. now owns 209 shares of the company's stock valued at $33,000 after purchasing an additional 104 shares during the last quarter. Nisa Investment Advisors LLC raised its position in Hyatt Hotels by 21.6% during the 3rd quarter. Nisa Investment Advisors LLC now owns 620 shares of the company's stock valued at $94,000 after purchasing an additional 110 shares during the last quarter. Finally, Arizona State Retirement System raised its position in shares of Hyatt Hotels by 0.9% in the 4th quarter. Arizona State Retirement System now owns 13,050 shares of the company's stock worth $2,049,000 after acquiring an additional 110 shares in the last quarter. Institutional investors own 73.54% of the company's stock.

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Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Macquarie decreased their target price on Hyatt Hotels from $172.00 to $165.00 and set an "outperform" rating for the company in a research report on Friday, February 14th. Stifel Nicolaus increased their target price on Hyatt Hotels from $145.50 to $157.50 and gave the stock a "hold" rating in a research report on Tuesday, November 26th. Susquehanna increased their target price on Hyatt Hotels from $150.00 to $155.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 25th. JPMorgan Chase & Co. increased their target price on Hyatt Hotels from $163.00 to $168.00 and gave the stock an "overweight" rating in a research report on Friday, December 13th. Finally, Wells Fargo & Company decreased their target price on Hyatt Hotels from $172.00 to $170.00 and set an "overweight" rating for the company in a research report on Tuesday, February 4th. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and eight have issued a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $162.24.

Hyatt Hotels Stock Down 0.9 %

H traded down $1.17 during trading on Friday, hitting $135.86. 1,256,792 shares of the company's stock traded hands, compared to its average volume of 708,095. The company's 50 day simple moving average is $151.47 and its two-hundred day simple moving average is $152.66. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.87. Hyatt Hotels Co. has a 12-month low of $128.91 and a 12-month high of $168.20. The stock has a market capitalization of $13.06 billion, a price-to-earnings ratio of 10.92 and a beta of 1.51.

Hyatt Hotels (NYSE:H - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.42 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.64 by ($0.22). The firm had revenue of $1.60 billion during the quarter, compared to analysts' expectations of $1.63 billion. Hyatt Hotels had a return on equity of 9.81% and a net margin of 19.50%. During the same quarter last year, the business earned $0.64 earnings per share. Analysts predict that Hyatt Hotels Co. will post 3.05 earnings per share for the current fiscal year.

Hyatt Hotels Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 12th. Stockholders of record on Friday, February 28th will be paid a $0.15 dividend. The ex-dividend date is Friday, February 28th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.44%. Hyatt Hotels's dividend payout ratio (DPR) is currently 4.82%.

Insider Transactions at Hyatt Hotels

In related news, Director Susan D. Kronick sold 1,600 shares of Hyatt Hotels stock in a transaction on Monday, March 3rd. The stock was sold at an average price of $141.78, for a total transaction of $226,848.00. Following the transaction, the director now directly owns 37,927 shares in the company, valued at approximately $5,377,290.06. The trade was a 4.05 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 23.50% of the company's stock.

Hyatt Hotels Company Profile

Hyatt Hotels Corporation operates as a hospitality company in the United States and internationally. It operates through Owned and Leased Hotels, Americas Management and Franchising, ASPAC Management and Franchising, EAME Management and Franchising, and Apple Leisure Group segments. The company manages, franchises, licenses, owns, and leases portfolio of properties, consisting of full-service hotels and resorts, select service hotels, and other properties, including timeshare, fractional, residential, vacation, and condominium units.